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c. the making or furnishing of any warranty, representation or statement to SECURED PARTY by or on <br /> behalf of DEBTOR which proves to have been false in any material respect when made or <br /> furnished. <br /> Upon such default and at any time thereafter, SECURED PARTY shall have the remedies of a <br /> secured party under Section 11-57-208, Colorado Revised Statutes, as amended. SECURED PARTY may <br /> require DEBTOR to deliver or make the COLLATERAL available to SECURED PARTY at a place to be designated <br /> by SECURED PARTY, which is reasonably convenient to both parties. Expenses of retaking, holding, <br /> preparing for sale, selling or the like shall include SECURED PARTY'S reasonable attorney's fees and legal <br /> expenses. <br /> The SECURED PARTY shall give the DEBTOR written notice of any alleged default and an <br /> opportunity to cure within thirty (30) days of receipt of such notice before the DEBTOR shall be considered <br /> in default for purposes of this SECURITY AGREEMENT. No default shall be waived by SECURED PARTY except <br /> in writing, and no waiver by SECURED PARTY of any default shall operate as a waiver of any other default or <br /> of the same default on a future occasion. The taking of this SECURITY AGREEMENT shall not waive or impair <br /> any other security SECURED PARTY may have or hereafter acquire for the payment of the above <br /> indebtedness, nor shall the taking of any such additional security waive or impair this SECURITY AGREEMENT; <br /> but SECURED PARTY shall retain its rights of set-off against DEBTOR. In the event court action is deemed <br /> necessary to enforce the terms and conditions set forth herein, said action shall only be brought in the <br /> District Court for the City and County of Denver, State of Colorado, and DEBTOR consents to venue and <br /> personal jurisdiction in said Court. <br /> All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and <br /> assigns; and all promises and duties of DEBTOR shall bind its successors or assigns. <br /> ``��,, o ►r,,,�� DEBTOR: Central Colorado Water Conservancy <br /> 0(.1 OONSE,q fq .,�' District, a Colorado Title 37 Water Conservancy <br /> •• RAT •. c� Distri t <br /> Q O `F <br /> (SEAL) ' z;'O V •.•'�`" /• <br /> o U CoN 8� , . � �i C - <br /> Attest: o• '1,4) ? ''�= Signatu <br /> • <br /> O ` <br /> ••' <br /> By y ..�� 3 v-. <br /> Signature f� <br /> NAME: 4cPd - C l'l N420G ) <br /> w�NAME: � <br /> TITLE: t2S.P5N7, <br /> TITLE:at c_Lw4-+L4:-Arent Y DATE: 7Ay//;r <br /> DATE: ` L9I 7-0L <br /> Appendix 4 <br /> Page 2 of 2 <br />